Allianz Asset Management GmbH Acquires 42,242 Shares of Oxford Industries, Inc. $OXM

Key Points

• Allianz Asset Management increased its Oxford Industries stake by 14.7% in the second quarter, adding 42,242 shares to hold 329,615 shares worth approximately $11.5 million. Institutional investors collectively own 91.16% of OXM.
• Analyst sentiment remains cautious, with seven firms rating the stock Hold and one rating it Sell. The consensus rating is “Reduce”, with an average price target of $35.25.
• Oxford Industries reported quarterly EPS of $1.34, slightly above estimates, while revenue fell 2.2% year over year to $394.38 million. The company declared a quarterly dividend of $0.70, equivalent to an annualized yield of about 8.9%.

Allianz Asset Management GmbH increased its stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 14.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 329,615 shares of the textile maker's stock after acquiring an additional 42,242 shares during the period. Allianz Asset Management GmbH owned approximately 2.21% of Oxford Industries worth $11,494,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Cerity Partners LLC increased its position in Oxford Industries by 3.0% during the second quarter. Cerity Partners LLC now owns 9,914 shares of the textile maker's stock valued at $399,000 after acquiring an additional 286 shares during the last quarter. Illinois Municipal Retirement Fund lifted its holdings in shares of Oxford Industries by 4.9% in the 1st quarter. Illinois Municipal Retirement Fund now owns 7,696 shares of the textile maker's stock worth $296,000 after acquiring an additional 359 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Oxford Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker's stock worth $517,000 after purchasing an additional 387 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Oxford Industries by 44.8% in the second quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker's stock worth $61,000 after buying an additional 466 shares during the period. Finally, Deutsche Bank AG boosted its holdings in Oxford Industries by 4.5% during the 4th quarter. Deutsche Bank AG now owns 11,632 shares of the textile maker's stock valued at $398,000 after acquiring an additional 506 shares during the period. 91.16% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on OXM shares. KeyCorp reiterated a "sector weight" rating on shares of Oxford Industries in a research note on Thursday, June 11th. Weiss Ratings restated a "sell (d+)" rating on shares of Oxford Industries in a report on Wednesday, July 8th. Zacks Research upgraded shares of Oxford Industries from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 26th. Telsey Advisory Group cut their target price on shares of Oxford Industries from $44.00 to $35.00 and set a "market perform" rating on the stock in a research report on Friday. Finally, UBS Group reaffirmed a "neutral" rating on shares of Oxford Industries in a research report on Wednesday, August 26th. Seven investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $35.25.

Oxford Industries Trading Up 2.5%

NYSE OXM opened at $31.63 on Wednesday. Oxford Industries, Inc. has a 52 week low of $28.20 and a 52 week high of $51.61. The company has a 50 day moving average price of $37.17 and a 200 day moving average price of $39.06. The company has a quick ratio of 0.56, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. The firm has a market cap of $472.19 million, a PE ratio of -62.01 and a beta of 1.06.

Oxford Industries (NYSE:OXM - Get Free Report) last issued its quarterly earnings data on Thursday, September 3rd. The textile maker reported $1.34 EPS for the quarter, beating the consensus estimate of $1.31 by $0.03. Oxford Industries had a positive return on equity of 4.88% and a negative net margin of 0.46%.The firm had revenue of $394.38 million during the quarter, compared to analyst estimates of $394.55 million. During the same quarter in the prior year, the business posted $1.26 EPS. The business's revenue for the quarter was down 2.2% compared to the same quarter last year. Oxford Industries has set its Q3 2026 guidance at -1.400--1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. As a group, sell-side analysts forecast that Oxford Industries, Inc. will post 1.8 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Friday, October 16th. Oxford Industries's dividend payout ratio (DPR) is currently -549.02%.

Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, CEO Thomas Chubb, III purchased 2,500 shares of the company's stock in a transaction dated Friday, June 12th. The shares were acquired at an average price of $36.90 per share, for a total transaction of $92,250.00. Following the completion of the purchase, the chief executive officer owned 30,200 shares of the company's stock, valued at approximately $1,114,380. The trade was a 9.03% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 6.50% of the company's stock.

Oxford Industries Profile

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men's and women's lifestyle apparel and accessories. The company's product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women's sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.

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